8301 Empress BLVD, Austin TX 78745

My analysis of 3 comparable properties puts this home's estimated value at $331,665. Based on how the local market is moving, a list price between $436,000 and $442,000 would position this home well. This home's position in the current GRAND OAKS market: the most affordable of 7 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 2004 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.14) contributes to the valuation. 7 similar homes are currently available in GRAND OAKS, creating a buyer's market for this price range. The 6 month price trend in GRAND OAKS: risen 10%. The best comp here is 8528 Steamline CIR, Austin TX 78745 at an adjusted value of $231,879, with a smaller floor plan. With 3 comparable sales in GRAND OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group